| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Mekar 8
|
RM 375,000
|
RM 129
|
2,906 sqft
|
|
|
Jalan Mekar 2
|
RM 340,000
|
RM 111
|
3,057 sqft
|
|
|
Jalan Mekar 3
|
RM 320,000
|
RM 104
|
3,078 sqft
|
|
|
|
Jalan Mekar 3
|
RM 350,000
|
RM 114
|
3,078 sqft
|
|
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Market Snapshot
ResidentialRM 345,000
RM 112 psfMedian transaction price
TAMAN DESA MEKAR, Simpang Lima, Parit Buntar, Kerian, Perak, Malaysia
Taman Desa Mekar in Kerian, Perak recorded 4 subsale transactions in 2022, with a median price of RM 345K and a median price per square foot (PSF) of RM 112.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 345K, with most transactions falling within a stable range of RM 325K to RM 365K, and a typical market range of RM 326K to RM 364K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 112, with most transactions between RM 103 and RM 122. The usual range is RM 101.96 to RM 122.96, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.00 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.